Long-Term Investments (Tables)

9 Months Ended

Sep. 30, 2019

Long-term Investments [Abstract]

Equity method investments

Long-term investments consisted of the following:

	September 30, 2019		December 31, 2018
Equity securities at fair value that qualify for the NAV practical expedient	$	52,384	$	54,628
Equity-method investments	14,531		11,631
	$	66,915	$	66,259

Equity-method investments consisted of the following:

	September 30, 2019		December 31, 2018
Indian Creek Investors LP (“Indian Creek”)	$	665	$	1,167
Boyar Value Fund (“Boyar”)	9,362		8,384
Optika Fund LLC (“Optika”)	4,504		—
Ladenburg Thalmann Financial Services Inc. (“LTS”)	—		2,080
Castle Brands, Inc. (“Castle”)	—		—
	$	14,531	$	11,631

The following summarized financial data for certain unconsolidated subsidiaries that meet certain thresholds pursuant to SEC Regulation S-X Rule 210.10-01(b) includes information for the 125 Greenwich Street investment. New Valley has elected a one-month lag reporting period for the investment.

Condominium and Mixed Use Development:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
Income Statement
Revenue	$	1		$	6		$	4		$	27
Other expenses	495			745			3,250			145,223
Loss from continuing operations	$	(494	)	$	(739	)	$	(3,246	)	$	(145,196	)